Average interest rates on retail credit cards hit a record high of 30.45%, according to new Bankrate study. Bankrate senior industry analyst Ted Rossman...
Average interest rates on retail credit cards hit a record high of 30.45%, according to new Bankrate study. Bankrate senior industry analyst Ted Rossman joins Wealth! to discuss why store credit cards have such high rates and how consumers can navigate paying these down.
A new bank rate study shows that average interest rates on a store card hit a record high of 30.45% this year.Good to see you, Ted. Now, it's interesting looking at the, the data in terms of the spread between some of these retailers that offer cars with the highest and lowest APR S. Which ones did you see as the highest and the lowest 35.99% is the highest.Big lots good Sam, a few others, the lowest come with an asterisk.
Maybe you think it's a store loyalty program and you don't realize there's a credit check and a high interest rate you want to go in with eyes wide open.That's common on store cards where they say no interest for 12 months. OTTAWA — The head of a federal inquiry into foreign interference says she will not be publicly identifying parliamentarians suspected by a spy watchdog of meddling in Canadian affairs.
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